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incomes policy
(redirected from Fixed price system)

    Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.

incomes policy

Collective governmental effort to control the incomes of labour and capital, usually by limiting increases in wages and prices. The term often refers to policies directed at the control of inflation, but it may also indicate efforts to alter the distribution of income among workers, industries, locations, or occupational groups. See also wage-price control.
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In the same interview, I was informed that some sources are after changing the structure of the oil market and I said yes, let us go back to the fixed price system where oil prices can change by factors of inflation and the value of the dollar every now and then as Opec tried so hard to achieve in the 1970s to no avail.
Oil is certainly not to be blamed for economic crisis by Gulf News (United Arab Emirates)
Rather than allow prices to freely fluctuate, the authorities decided that trading should be undertaken with a fixed price system.
A disappointing result by Album, Andrew / The Middle East
based company is the only time and labor management vendor that offers free version upgrades, fixed price system implementation and carries a 99.
Stromberg Announces Acquisition of Labor Resource Management, Inc.; ... by Business Wire
 
 
 
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